Since it seems that most people don't carry cash much these days, but some people here do an all cash system, what is the largest cash purchase you've made and what was it for? Did you feel uncomfortable making the purchase with cash? Would you do it again?
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What's the largest cash purchase you've ever made?
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When I first moved to Japan a few years ago, I had to pay my first & last months' rent & the rental agent fee, and they only accepted cash (Yen). So I ended up walking around with over $10k worth in Yen.... The weirdest feeling was walking around with that much cash, I've never done that before.... so yes, uncomfortable is probably accurate.
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Interesting question. And by cash, I'm assuming you mean actual paper currency, not a check. I've made plenty of large purchases with checks but actual cash I'll have to think about.
The one thing that comes to mind is a car down payment. I seem to recall using cash for part of that one time, maybe $5,000 worth. The reason was that I had a sum of cash that was off the books. I didn't want it to go through my account and write a check.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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I honestly don't know if I have ever spent more than like $50 in cold hard cash.
Edited: Maybe $100 for a Craigslist purchase? For like a used appliance?Last edited by MonkeyMama; 10-23-2013, 07:56 PM.
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I had used cash for various things. I am one person who prefers cash compared to cards. Few years back, I bought a blackberry for cash. That was one of the biggest cash purchases in the recent times. Next, I am planning to buy a car and thinking of paying the down payment through cash.
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Originally posted by MonkeyMama View PostI honestly don't know if I have ever spent more than like $50 in cold hard cash.
Edited: Maybe $100 for a Craigslist purchase?Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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Not exactly a purchase but a time when I routinely use cash is at the casino. If I sit down at a blackjack or poker table, I'm typically putting $300-$500 cash down to buy chips.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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Yes, there needs to be a distinction. To me, "cash" means actual paper currency in denominations such as $100, $50, $20, etc. A check, whether personal or from a bank, is totally different.
With actual cash, I've bought a new washer and dryer set, new dishwasher, new microwave, a bunch of CL stuff, cell phones, some car repairs. We received over $6k in actual cash for a car we sold, and had it deposited immediately in the bank where the transaction occurred. Also received $4k in hundreds for a hot tub we sold.
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